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Buying Swing: buying AAPL 345 May calls at .28 area OVERSIZE

Posted: Tue May 17, 2011 11:03 am
by MMASSASSIN
Buying Swing: buying AAPL 345 May calls at .28 area OVERSIZED This position is ment to serve as a bullish market hedge. It may only be a day trade and if the market falls more am willing to take a 50% loss on this. But if market bounces these calls with this premium picture would spike dramatically helping hedge the bearish strategy on NFLX.